On October 9, 2023, DMR Hydroengineering & Infrastructures Limited closed the transaction. The comapny issued 67,500 shares for gross proceeds of INR 4,737,150 in its first tranche. The tranche included participation from returning individual investors Subhash Chander Mittal for 6,000 shares, Neelam Mittal for 6,000 shares, Divay Mittal for 6,000 shares, Deepika Mittal for 6,000 shares, new individual investors Bangam Prasad Rao for 6,000 shares, Surajit Dutta for 6,000 shares, Rachana Agrawal for 3,000 shares, Krishan Kumar Gupta for 6,000 shares, Sham Lal Kapil for 6,000 shares, Budankailabadri Narayan Subudhi for 6,000 shares, Bharat Bhushan Nagpal for 3,000 shares, Janesh Sahni for 6,000 shares and Dahyalal Bansilal Prajapati for 1,500 shares.

The transaction has been approved by the board of directors of the comapny.